OT: Stock trading

[tentoes4rings]

nothing like buying LAZR at $43 and 3 days later its at $32

Ha, i bought it at 32 and kick myself for not selling at 44, now I’m even. I’ve had too many of these that I’ve taken small profits on though that later ran like crazy, tough ballgame.

 

[HuskyHawk]

money is in a 403b.

Same answer though. Pick the cash money market account they offer, whether MuniBond or federal. You will be losing to inflation, but a lot more slowly.

 

[Dogdeacon]

Same answer though. Pick the cash money market account they offer, whether MuniBond or federal. You will be losing to inflation, but a lot more slowly.

What about an ETF of short term treasuries, GOVT, SHY, VGSH - should do slightly better than cash, but of course some downside risk. Our gov't is very stable! (sorry)

 

[hasheemthedream]

Any suggestions on the best place to park money, short term? I'm down close to 10% just in the past week or two, but still up 40% just in the past couple month (COVID tech stocks). I can't afford to weather the coming storm.

ICSH is a Blackrock Ultra Short term bond ETF. It is historically pretty stable and is currently yielding around 0.40%. During the liquidity crunch in Feb/Mar the max drawdown was -0.85%.

 

[UConnSwag11]

Electric vehicle sales expected to grow 50% in 2021
Check out this article from MarketWatch - Electric vehicle sales expected to grow 50% in 2021

 

[HuskyHawk]

What about an ETF of short term treasuries, GOVT, SHY, VGSH - should do slightly better than cash, but of course some downside risk. Our gov't is very stable! (sorry)

Sure. Depending on liquidity requirements. Or a mutual fund of the same nature.

 

[tiger8mush]

how low you think NIO will go? At what point will it be good to buy again?

 

[tentoes4rings]

how low you think NIO will go? At what point will it be good to buy again?

I’ll look at charts tonight for you to try to see where support is. It seems to always find support here around 41 though. Last week it dipped down to 38 one morning and later that day rocketed higher. So if it dips below 40, 38 seems to be the next level of support.

Just checked the chart. It’s 20 day average is 45 so not a great sign that it closed well below that. Its 50 day moving average is 37.11 so that should be the next support level if it continues moving downwards.

 

[methodology]

how low you think NIO will go? At what point will it be good to buy again?

I wouldn't worry about NIO they arguably have a better business plan than Tesla. I bought 100 shares when they were in 16s. I'm hoping it's my Amazon that will reward me 10-15 years down the road

 

[the Q]

Any suggestions on the best place to park money, short term? I'm down close to 10% just in the past week or two, but still up 40% just in the past couple month (COVID tech stocks). I can't afford to weather the coming storm.

i like T for that.

 

[Jaker]

Nio will keep this range until battery day in january.

 

[temery]

i like T for that.

What?

 

[Jaker]

What?

T-bills??

 

[calamity17]

What?

T is the ticker for AT&T. They’ve been paying quarterly dividends of around $0.50 a share.

 

[temery]

T is the ticker for AT&T. They’ve been paying quarterly dividends of around $0.50 a share.

My friends call me "T" so I wasn't sure.

Thanks. Would have thought it would be ATT.

 

[tentoes4rings]

Nio will keep this range until battery day in january.

I remembered last night the 60 million share offering too, that’s undoubtedly putting pressure on the stock too. I’m not overly concerned about NIO.

 

[UConnSwag11]

 

[Dogdeacon]

I dunno if this will or should effect the stock, but if there is ONE singular place with crazy pent-up demand it is DisneyWorld land. I'm utterly shocked that some people have gone during Covid, regardless they could charge double and be sold out for a year and a half plus once this is over. Unfortunately that bump seems to be priced in and could be short lived.

Also though the Mandelorian is very good, my kids are 1000% hooked on Star Wars cannon, invaluable.

 

[tentoes4rings]

I dunno if this will or should effect the stock, but if there is ONE singular place with crazy pent-up demand it is DisneyWorld land. I'm utterly shocked that some people have gone during Covid, regardless they could charge double and be sold out for a year and a half plus once this is over. Unfortunately that bump seems to be priced in and could be short lived.

Also though the Mandelorian is very good, my kids are 1000% hooked on Star Wars cannon, invaluable.

I got in two weeks ago, think about the perfect storm for this stock, between vaccines and the pent up demand you mentioned, the explosive growth of Disney +, sports returning to previous levels and how well they should be able to cross promote between the three. I wouldn’t be shocked to see Disney + spun off at some point and being the next Netflix. Exciting time to be in, I’m trying to find a way to add more and hopefully enjoy a run up to 220-240.

 

[AAC Guru]

Any suggestions on the best place to park money, short term? I'm down close to 10% just in the past week or two, but still up 40% just in the past couple month (COVID tech stocks). I can't afford to weather the coming storm.

you’ve been saying a storm is coming for quite some time. Eventually you might be right. In 2020, the Nasdaq is +38 percent, S&p +20 percent. How are you able to predict A storm is coming? If you were so confident a storm is on the way, why don’t you short the S&p?

 

[UConnSwag11]

you’ve been saying a storm is coming for quite some time. Eventually you might be right. In 2020, the Nasdaq is +38 percent, S&p +20 percent. How are you able to predict A storm is coming? If you were so confident a storm is on the way, why don’t you short the S&p?

History

 

[UConnSwag11]

I dunno if this will or should effect the stock, but if there is ONE singular place with crazy pent-up demand it is DisneyWorld land. I'm utterly shocked that some people have gone during Covid, regardless they could charge double and be sold out for a year and a half plus once this is over. Unfortunately that bump seems to be priced in and could be short lived.

Also though the Mandelorian is very good, my kids are 1000% hooked on Star Wars cannon, invaluable.

Mandelorian is so good. What’s Star Wars cannon?

 

[Dogdeacon]

Mandelorian is so good. What’s Star Wars cannon?

Typo, canonical- anything that is part of the official star wars universe is better or as well known to kids as what they learn in history class. It’s kinda amazing seeing the movie Star Wars lionized for so long and as it turns out it was correct not based on just the movie itself but for the IP.

 

[HuskyHawk]

I got in two weeks ago, think about the perfect storm for this stock, between vaccines and the pent up demand you mentioned, the explosive growth of Disney +, sports returning to previous levels and how well they should be able to cross promote between the three. I wouldn’t be shocked to see Disney + spun off at some point and being the next Netflix. Exciting time to be in, I’m trying to find a way to add more and hopefully enjoy a run up to 220-240.

They aren’t spinning it off unless the DOJ makes them. It’s a vertically integrated model. They own the best brands, Classic Disney, Pixar, Star Wars and Marvel, they make the movies and shows, they sell the licensed merchandise, and they use Disney+ to deliver digital content. The parks both make money and attract people but those kids love the characters and then consume the digital content later.

It is like the Beatles owned a national radio network and the best concert venues in America. But it’s more like one company owned that, plus the Stones, The Who, Elvis and Sinatra.

Content is king. Netflix has some headwinds. Has anybody noticed there isn’t much on Netflix? They aren’t getting content from Disney or TW anymore. Those Marvel shows helped them, but that well is dry now. HBOMax is already better than Netflix.

 

[UConnSwag11]